Indian Industry

Country Profile

China
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One of the world's oldest civilization, china is bestowed with the world's longest written language system. The country is vested on 9,596,960 sq km area. In 2007, china's GDP rate touched the hallmark of $3.249 trillion mark. The industrial structure constitutes mining, iron, steel, textile, petroleum, cement, chemicals, fertilizers, automobiles, aircraft, food processing, aluminum and satellites. China's industrial production rate have seen a rise of 12.9% in its growth rate. The country is a worldwide acclaimed supplier of machinery, electrical products, textiles, steel and mobile phones with a total export of $1.221 trillion.

Snapshot

Official Name - People's Republic of China
Capital City - Beijing
Type of Government - Communist state
Currency - Yuan (CNY). Also referred to as the Renminbi (RMB)
Fiscal Year - Calendar year
Official Language(s) - Mandarin Chinese (Putongua)
Local Time - GMT + 08:00
International Dialling Code - + 86
Internet Domain - .cn
Major Cities - Shanghai, Chongqing, Tianjin, Chengdu, Harbin
Major Industries - Iron, Steel, Coal, Machinery, Automobiles, Petrolium, Chemicals, Telecommunications, Textiles
Major Trading Partners - USA, Japan, Germany, South Korea, Taiwan
Special Economic Zone - Guangdong Province: Shenzhen, Zhuhai and Shantou
- Fujian Province: Xiamen
- Hainan Province (whole province)
- Shanghai Province: Pudong
- Liaoning Province: Dalian
Double Taxation Treaty with India - YES






Economic Overview
  • Second largest economy in the world in terms Purchasing Power Parity (PPP).
  • World's largest developing economy.
  • In the last quarter, the economy has changed from a centrally planned system to a more market-oriented economy. The country experienced tremendous economic growth since the late 1970s.
  • Third largest trading country in the world.
  • Mainly dominated by industry but agriculture is the leading occupation.
  • World's largest producer of rice and wheat and major producer of sweet potatoes, sorghum, millet, barley, peanuts, corn, soybeans, and potatoes. In cash crops it ranks first in cotton and tobacco. Important producer of oilseeds, silk, tea, ramie, jute, hemp, sugarcane, and sugar beets.
  • One of the world's major mineral-producing countries.
  • Ranks first in world production of red meat.
  • With improved technology, the fishing industry has grown considerably since the late 1970s.
International Trade
Major Export Items
Food and Live Animals, Beverages and Tobacco, Crude Materials, Inedible, Except Fuels, Mineral Fuels, Lubricants and Related Materials, Animals and Vegetable Oils, Fats and Waxes, Chemicals and Related Products, Machinery and Transport Equipment, Optical and Medical Equipments, Iron and Steel, Plastics, Apparel and Textile.

Main Destinations of Exports
US, Hong Kong, Japan, South Korea, Germany

Major Import Items
Food and Live Animals, Beverages and Tobacco, Crude Materials, Inedible, Except Fuels, Mineral Fuels, Lubricants and Related Materials, Animal and Vegetable Oils, Fats and Waxes, Chemicals and Related Products, Machinery and Transport Equipment, Optical and Medical Equipments, Iron and Steel, Plastics.

Main Origins of Imports
Japan, Taiwan, South Korea, US, Germany

Contacts of Trade Ministries/ Associations

China Chamber of International Commerce (Beijing Chamber of Commerce) All-China Federation of Industry and Commerce China Chamber of International Commerce (CCOIC)
Tel.: +(86)-(10)-64250792
Fax: +(86)-(10)-64250409
E-mail: ccoicbj@public.bta.net.cn
Website: www.ccpitbj.com

Tel.: +(86)-(10)-62389641
Tel.: +(86)-(10)-62389641
E-mail: acficic@datachina.com.cn
Website: www.datachina.com.cn

1, Fung Xing Men Wai Street
100860 Beijing, China
Tel.: +(86)-(10)-68021275
Fax: +(86)-(10)-68023554
E-mail: linsj@icc-china.com
Website: www.icc-china.com

China Council for the Promotion International Trade (CCPIT) Confederation of Indian Industry (China) Ministry of Commerce of the People's Republic of China
No.1 Fuxingmenwai Street,
Beijing , P.R China(100860)
Tel.: +(86)-(10)-68020229, 68034823
Fax: +(86)-(10)-68030747, 68011370
E-mail: info@ccpit.org
Website: www.ccpit.org

Room No.11A47/49, Shanghai Mart
2299 Yan'an Road (West)
Shanghai - 200336, China
Tel: +(86)-(21)-62360969
Fax: + (86)-21-32283510
E-mail: s.k.misra@ciionline.org
Website: www.ciionline.org
www.indiachina.org

No.2 Dong Chang'an
Avenue,Beijing China (100731)
Tel.: +(86)-(10)-65121919
Fax: +(86)-(10)-65599340
Website: www.english.mofcom.gov.cn

German Centre for Industry and Trade Beijing Co. Ltd.
Unit 1111, Landmark Tower 2
8 North Dongsanhuan Road
100004 Beijing, PRC
Tel.: +(86)-(10)-65906919, 6920, 6921
Fax: +(86)-(10)-65907768
E-mail: beijing@germancentre.org.cn
Website: www.germancentre.com


Business Visa Rules
To apply for an entry visa to China, the applicant is required to lodge with this Consulate no less than the following:
  • Passport with at least one full blank page;
  • Visa Application Form duly completed;
  • The full name of the applicant should be written in BLOCK letter;
  • One recent passport size photo;
  • Application fees; and
  • An original letter of invitation by a Chinese governmental authority or competent Chinese company.
Business Hourss
9.00 am to 5.00 pm (Monday to Friday with an hour for lunch)
9.00 am to 1.00 pm (Saturdays)

Public Holidays

Festival Date Detail
The New Year's Day Jan. 1st 1 day holiday
The Spring Festival Normally in Jan or Feb 4 days holiday
The International Women Day Mar. 8th 1/2 day holiday for women only
The Labor Day May 1st 3 days holiday
The Chinese Youths' Day May 4th 1 day or 1/2 day off for young people
The International Children's Day Jun. 1st 1 day or 1/2 day off for school children
The Birthday of the CCP Jul. 1st CCP members usually celebrated through meetings
The Birthday of the People's Liberation Army Aug. 1st Celebrated by the army
The National Day Oct. 1st 3 days holiday
china


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